Melbourne Business School (MBS) is one of the leading universities for business and analytics degrees in the world. It is a well-known institution for business studies and also provides insight into management, economics, finance, and entrepreneurship. The university is largely owned by the University of Melbourne and so offers a knowledgeable experience to its students and a healthy workplace to its graduate understudies.
Melbourne Business School was established in 1955 under the university of Melbourne. The university awarded the first Master of Business Administration [MBA] degree in 1965. It was the first Business school to award an MBA graduate degree.
Melbourne Business School (MBS) is located in the Melbourne suburb of Carlton which is a walking distance of Melbourne’s Central Business District.
The MBS was awarded accreditation by the Association to Advance Collegiate Schools of Business (AACSB) which is a global non-profit organization for business studies and also management education. The university was also recognized by the EFMD (EQUIS) for its research and degree courses.
Melbourne Business School has been known mainly for its business education including economics and analytics. The university specializes in master’s and doctorate courses and many other education pathway programs. The MBS provides world-class business teaching and is thus known for its executive education.
The MBS is well-known for its business education and also provides world-class education to its students. Apart from this, the school gives the ultimate student experience that attracts more candidates. The highlights of the university include:
|Programs Offered||MBA, Masters in Business Analytics and Short Courses, Doctoral Degrees|
|Scores accepted||GMAT, IELTS, TOEFL|
|Academic Calendar||Semester Based|
|Tuition Fee (AUD)||55,000-89,500|
|Financial Aid||Scholarships Available|
Melbourne Business Education is ranked as #1 for its business studies in Australia. The university enrolls a large number of international students as it is the only Business university in Australia to provide a Master of Business Administration (MBA) as a full-time degree. Some other reasons to opt for Melbourne include:
The faculty of the university is their primary body of education that comprises schools, colleges, and research centers. It has one of the highly regarded and qualified staff. The faculty trains their students to be the best and be visible in a room full of people. It's the caliber of the faculty that makes MBS the best university in the world. The faculty at Melbourne Business School include:
The University has The University Financial Aid Team for the students who face extreme financial issues. There are various loans and grants available that act as a great support to the graduates as well as the newly-admitted. These scholarships are generally provided to a scholar or high-achieving students who excel in their academics. MBS offers a variety of scholarships to its international students depending on the course of study. These loans and grants include:
Melbourne Business School is considered the top university for business education. The Student Services and Amenities Fee is a compulsory fee that the students have to pay to enjoy the services offered by the university. It offers the most comprehensive support to its students through various organizations formed in the university itself:
|Melbourne Business School Accommodation||Student IT and eLearning Support|
|Student Print, Copy, and Scan Services||University Library|
|Open Computing Spaces||Virtual Lab|
|Equipped laboratories||Research Centers|
|200 Clubs and Associations||APSIC and CBA centers|
The city of Melbourne and the campus of MBS has attracted students not only from Australia but all around the world. The students take admission especially for the full-time MBA course, the university provides. Following is the student population data at Melbourne Business School:
Melbourne Business School is known for giving world-class experience to its students through professional faculties and smaller classrooms. The school provides challenging courses to its students and prepares them for upcoming difficulties. Thus the university has secured rankings by renowned organizations. The Melbourne Business School has an MBA ranking of #1 in Australia. These rankings are as follows:
|26th||QS World University Rankings 2020|
|31st||The Times Higher Education 2020|
|26th||US News World Report 2019|
|1st for MBA program||QS University Subject Rankings 2020|
Read More: Melbourne Business School Ranking
Melbourne Business School comes under the University of Melbourne but has a slightly different admission procedure, especially for its MBA course. The school has an MBA acceptance rate of 37%. The admission requirements for international students and domestic students are the same. The following eligibility criteria should be considered while seeking admission at MBS:
The following documents are required for seeking admission to Melbourne Business School:
Melbourne Business School is known for its business studies and so attracts many international and local students. Thus the students should know the fee structure to seek admission here. Following is the fee structure at MBS:
|Degree Type||Tuition Fees|
The students at Melbourne Business School should take admissions by filling an online application form from the official school website. These applications have to be submitted in a semester pattern and have certain deadlines. These applications do not have any particular fee and so give equal opportunities to all the students to take admissions here.
The average annual cost to attend Melbourne Business School includes the accommodation costs and also traveling, books and supplies, phone, food, and many other things. These other expenses help the students to understand the school well. These include:
|Type of Expenses||Costs|
|Accommodation||$19,000 - $38,000|
|Food and Groceries||$4,000 - $7,000|
|Phone bills||$60 - $80|
The Melbourne Business School is a well-known institution for business education and so has a different fee structure as compared to the other schools and universities. The fee catalog of the school based on the courses at Melbourne Business School is listed below:
|Executive education in MBA||$103,500|
|Master’s in Business Analytics||$55000|
|Master in International Business||$71,373|
Course Fees: $34010
Course Fees: $31618